APAC

Decarbonisation market to reach $4.7t by 2033

Decarbonisation market to reach $4.7t by 2033

Thanks to the wider adoption of decarbonisation technologies in key industries, amongst others.

China and India lead coal production expansion globally

Beijing leads with 1,350 million tonnes per annum of proposed capacity.

JERA and bp launch offshore wind joint venture

The new company has a net potential generating capacity of 13 GW.

Slow progress reported on national renewable targets

Only 7 countries outside EU have updated RE targets since COP28 tripling pledge.

No major shift seen for global coal demand in 2025-2026

In China, coal demand is seen to slightly decline this year.

Onshore wind remains cheapest energy source in 2024

The addition of over 500 GW of RE prevented the use of fossil fuels worth $57b.

AI gains bigger role in reliable and cost-effective power industry

The technology helps improve the predictability of equipment.

Are we just in time to close the energy workforce readiness gap?

Addressing the workforce skills gap is a major energy industry priority by 2030, but we only have a few months left to influence the size and shape of the talent pipeline. 

Amogy secures additional $23m to boost ammonia-to-power in shipping industry

One city in South Korea also hopes to use this technology to generate electricity.

Global PV inverter shipments up 10% in 2024

Asia Pacific accounted for over half of the shipments.

GEM names new executive director

Justin Locke is replacing the organisation’s founder, Ted Nace.

LNG Canada transports first cargo to Asia

This will help in ensuring stable energy in the region.

Global hydropower generation up 10% in 2024

There is an increasing trend for pumped storage hydropower.

World Bank approves $101m funding for Kyrgyzstan’s energy and sustainable growth

This will help expand and modernise the country’s energy capacity.